On 28 April, Libya’s NOC signed an MoU with US major ​Chevron to conduct a joint study ​to assess shale ​oil and gas potential in the ​country’s onshore sedimentary ​basins, the state firm said in statement.

“Technical teams from both sides will review the available data and assess the potential for developing the resources in these areas,” it said. (CONTINUED - 315 WORDS)

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